Start learning →

Rs 100 grows 20% each year, compounded. What is it worth after 2 years?

ARs 140
BRs 120
CRs 142
DRs 144
Answer & Solution
Correct answer: D. Rs 144
100 x 1.2 x 1.2 = Rs 144.
Practise this question with Quill — CA Foundation →

Keep practising Time Value of Money

Browse all Time Value of Money questions for CA Foundation, or explore more Quantitative Aptitude topics.

Start a Time Value of Money lesson →
Related questions